Revision: Feb. 8, 2024, 9:54 a.m.
Sen. Ricciardi, Dist 9
February 7, 2024
2024-0546s
11/05
Floor Amendment to SB 580-FN
Amend the title of the bill by replacing it with the following:
AN ACT authorizing the sale of toll credits to fund a newly established noise barrier construction fund for the design and construction of noise barrier projects.
Amend the bill by replacing all after the enacting clause with the following:
1 New Section; Noise Barrier Construction Fund. Amend RSA 228 by inserting after section 228:12-a the following new section:
228:12-b Noise Barrier Construction Fund.
I. Provided there are sufficient turnpike toll credits for the state match for the federal apportionment totals for 5 years based on the current federal fiscal year and the preceding 4 federal fiscal years, the commissioner is authorized in his or her discretion to sell up to $10,000,000 per year in turnpike toll credits in compliance with federal rules and regulations and turnpike covenants, said sale being subject to the approval of the fiscal committee of the general court and the joint legislative capital project overview committee.
II. The revenue from the sale of the turnpike toll credits shall be deposited into a restricted fund to be established and known as the noise barrier construction fund, said revenue to be nonlapsing and continually appropriated to the department of transportation. Expenditures from the noise barrier construction fund made by the commissioner being subject to the approval of the fiscal committee of the general court and the joint legislative capital project overview committee.
III. The commissioner is authorized to use said revenue for the design and construction of noise barrier projects that meet the Type II noise barrier criteria set forth in the department’s Policy and Procedural Guidelines for the Assessment and Abatement of Highway Traffic Noise for Type I & Type II Projects, as updated and amended. The commissioner may consider additional authorized adjustment factors for the determination of eligibility after consultation with an affected community concerning impacts to the community.
2 New Subparagraph; Dedicated Account; Noise Barrier Construction Fund. Amend RSA 6:12, I(b) by inserting after subparagraph (394) the following new subparagraph:
(395) Moneys in the noise barrier construction fund, established in RSA 228:12-b.